Brokerage firms have adjusted their ratings and target prices for several key stocks. UBS remains neutral on SBI, while CLSA downgraded Kotak Mahindra Bank to 'hold.' Jefferies cut Avenue Supermart's target price due to margin concerns. Prabhudas Lilladher suggests reducing Indian Oil Corp, and InCred Equities maintains a 'reduce' rating on JSW Steel citing valuation concerns.
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Drivers who fail to pay their traffic e-challan fines within three months may face suspension of their driving licenses. Additionally, accumulating three challans for serious offenses in a financial year could result in a three-month license confiscation. This measure is aimed at improving the current low recovery rate of fines and ensuring better compliance with traffic laws.
The Washington Wizards will face the New York Knicks at Capital One Arena on December 30, 2024. The Knicks, on a seven-game winning streak, recently defeated the Wizards. Key players to watch include Jalen Brunson and Karl-Anthony Towns for the Knicks, and Jordan Poole and Kyle Kuzma for the Wizards. Tune in at 7:00 PM ET.
Delhi clinched a seven-point victory over Railways in the Ranji Trophy with standout performances from off-spinner Shivam Sharma, who took five wickets, and Himanshu Sangwan, who claimed four wickets. This win marked Delhi's second victory of the season, though it denied fans a second innings appearance by Virat Kohli.
Pakistani TikToker Imsha Rehman, who vanished from social media after alleged explicit videos leaked online in 2024, has spoken out about the ordeal. She described the devastating impact and revealed that Pakistan's FIA arrested one person. Rehman emphasized the harm caused by sharing fake videos.
TRAI is considering a 5-year license for satellite broadband spectrum, posing a challenge to Starlink, which seeks a 20-year permit. This move aims to gauge market stability and adaptability. Jio and Airtel support shorter licenses, with India reassessing market conditions later. Starlink has partnered with Airtel and Jio for high-speed internet services, indicating a shift from previous positions.
VHP and Bajrang Dal activists disrupted an Easter prayer meet in Odhav, Ahmedabad, alleging religious conversion. The activists, chanting slogans and wielding sticks, entered the gathering and demanded attendees leave. Police responded to the scene after being alerted, and are currently investigating complaints from both the activists and the Christian group. No physical altercations were reported.
The Allahabad High Court has dismissed a petition questioning Congress MP Rahul Gandhi's Indian citizenship. A BJP worker from Karnataka, S Vignesh Shishir, filed the petition. He alleged Gandhi possessed dual citizenship, making him ineligible to contest elections. The court had previously granted the Home Ministry time to verify information from the UK.
Dhananjay Munde's resignation follows the investigation into the murder of village head Santosh Deshmukh, who attempted to prevent extortion in Beed district. Disturbing evidence of brutality, including videos, led to charges against close associates of Munde, sparking significant political pressure.
Lok Sabha witnessed chaos after PM Modi's statement on Maha Kumbh, as Rahul Gandhi was denied permission to speak. The opposition protested, leading to adjournment. Rahul supported the PM's statement but noted Modi's omission of homage to stampede victims, criticizing the decision to silence him in the House.
Stock market recommendations: Motilal Oswal Financial Services highlights Coromandel International and M&M Financial Services as top stock picks for the week starting February 10, 2025. Coromandel's strong quarterly performance and M&M Financial's robust growth in PAT and NII are key factors supporting the optimistic outlook.